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        • Mortgage rates today, April 3, 2020 plus reviews
        • Microsoft Vulnerability: Hundreds of Microsoft Servers Contaminated By Crypto-Mining Botnet Since 2018
        • Today Bitcoin Price at $6,800 USD
        • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
        • Macropay on Alternative & local payment methods that are reshaping global e-commerce
        • Bank of America is preparing for a flood of Applications to Small-Business Loan
        • Microsoft might be the best tech stock in this market
        • US Airlines To Work Collectively, Consolidate Flights
        • Bank of America maintaining business continuity and protecting the bottom line
        • US long-term mortgage rates drop
        • Chase bank will raise up to $10 billion
          • Bitcoin Price Bulls have been rejected at $7,000
          • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
          • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
          • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
          • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
          • Bank of America agreed to allow 50,000 mortgage customers to defer payments
        • Prime ICO Advertising and marketing Companies
          • Bank of America U.S. Minimum Hourly Wage Reaches $20
            • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
              • Roll up the Sleeves! American Airlines was down -10.34%
              • Mortgage calculator rates today April 2, 2020
              • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
              • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
                • With Bank of America card you can request a payment deferral online
                  • Bank of America fields 150,000 installment deferral demands
                • Coronavirus – Travel Insurance no cover cancellations
                  • Bank of America said it won’t cut any positions
              • Bitcoin Price Today April 2 – BTC rise to $6,700
              • Mortgage calculator rates today March 31, 2020
              • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
              • Bitcoin Price Recovering After a Sharp Decline
              • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
              • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
            • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
            • P2P Crowdlending – Average Interest Rate 18%
            • $633 Million BTC Transferred For Simply $0.26 Payment
        • Bank of America will provide up to $250 million
        • Bank of America VC: You tend to do the wrong thing at the wrong time
          • Bank of America sees big year for Microsoft ahead
            • American Airlines coronavirus downgrade
              • US Bank Raises $586M Against COVID-19
                • Bank of America’s Solid Liquidity to Help Covid-19 Crisis
      • Best Fintech Companies to Work for 2020
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      • Mortgage calculator rates today April 1, 2020
      • Mortgage Calculator – Students Benefits
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      • Mortgage Calculator Modification – What Is?
      • Mortgage Calculator Canada: Rates Are Rising
      • Mortgage Calculator Home – Is it time to repair your own home mortgage?
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      • Bitcoin Price and S&P 500 – Here’s how much bitcoin beat the Dow and S&P 500 in the first quarter
    • Bitcoin Price Today April 3
      • Tether
    • Today Bitcoin Price at $6,600
      • Bitcoin Price Bulls Reaches: “Live or Die”
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      • BTC Price Today | 6 April 2020
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        • Mortgage rates today, April 3, 2020 plus reviews
        • Microsoft Vulnerability: Hundreds of Microsoft Servers Contaminated By Crypto-Mining Botnet Since 2018
        • Today Bitcoin Price at $6,800 USD
        • Pandemic Is Changing BTC Usage in ‘Unexpected Ways’
        • Macropay on Alternative & local payment methods that are reshaping global e-commerce
        • Bank of America is preparing for a flood of Applications to Small-Business Loan
        • Microsoft might be the best tech stock in this market
        • US Airlines To Work Collectively, Consolidate Flights
        • Bank of America maintaining business continuity and protecting the bottom line
        • US long-term mortgage rates drop
        • Chase bank will raise up to $10 billion
          • Bitcoin Price Bulls have been rejected at $7,000
          • Stock Market: 4 Top Stock Trades for Wednesday: NVDA, AVGO, BAC, IQ
          • Stock Market April 2 – Edge Higher; Oil Surges, Bonds Fall, Dollar Rose
          • Bitcoin Price Simply Surged to $6,500 After Over 10% Weekend Crash
          • Today Bitcoin Price at $7,000: BTC Leaps to Retest $7,000
          • Bank of America agreed to allow 50,000 mortgage customers to defer payments
        • Prime ICO Advertising and marketing Companies
          • Bank of America U.S. Minimum Hourly Wage Reaches $20
            • Bitcoin Price Prediction April: Three Key Causes Why BTC May Plunge Beneath $5,000
              • Roll up the Sleeves! American Airlines was down -10.34%
              • Mortgage calculator rates today April 2, 2020
              • Mortgage Calculator Small businesses: SB have ‘a million inquiries’ regarding check help loans
              • Bitcoin Price Today April 1 – Bitcoin Takes Tumble
                • With Bank of America card you can request a payment deferral online
                  • Bank of America fields 150,000 installment deferral demands
                • Coronavirus – Travel Insurance no cover cancellations
                  • Bank of America said it won’t cut any positions
              • Bitcoin Price Today April 2 – BTC rise to $6,700
              • Mortgage calculator rates today March 31, 2020
              • Bitcoin Price Momentum Sign Reverses, Bull Run Lastly Inbound?
              • Bitcoin Price Recovering After a Sharp Decline
              • Fintech News Airbnb – How hosts are fighting back against Covid-19 fallout
              • Market Stock Boeing – Challenging Times Ahead for Boeing Stock
            • Bitcoin Price Bulls – is Forming a Bull Cross After Rallying to $6,500
            • P2P Crowdlending – Average Interest Rate 18%
            • $633 Million BTC Transferred For Simply $0.26 Payment
        • Bank of America will provide up to $250 million
        • Bank of America VC: You tend to do the wrong thing at the wrong time
          • Bank of America sees big year for Microsoft ahead
            • American Airlines coronavirus downgrade
              • US Bank Raises $586M Against COVID-19
                • Bank of America’s Solid Liquidity to Help Covid-19 Crisis
      • Best Fintech Companies to Work for 2020
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    • Royal Bank of Canada
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      • Best Online Checking Accounts of 2020
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      • 6% cd rates – They Exists ?
    • Transfer Money Online
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      • Capital One Credit Card – Best Cards of 2020
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      • Best Airline Credit Card 2020
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        • Chase Credit Card
        • Qantas Credit Card
      • Best Rewards Credit Card 2020
        • Get Revolut Card + £50
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      • The Best Credit Card for Balance Transfers 2020
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      • Best Credit Cards of July 2020
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      • Lowe’s Credit Card
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    • Credit Cards Guides
      • Is Discover Visa or Mastercard?
        • Coles Mastercard
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      • Fortiva Credit Card Review
      • Indigo Credit Card Review
      • Wells Fargo Propel – Review
      • Walmart Money Card – Review
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      • Travel credit card reviews 2020
      • Petal Credit Card Review
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  • Politics
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  • Mortgages
    • Mortgage “Best of…”
      • Best Mortgage for Low Down Payment 2020
      • Best Mortgage Rates
      • Best VA Mortgage Lenders of 2020
      • Greatest On-line Mortgage Lenders
      • The Best Mortgage Lenders for First Time Home Buyers
    • Mortgage Calculators
      • Mortgage calculator rates today April 1, 2020
      • Mortgage Calculator – Students Benefits
      • Mortgage Calculator – Homeowners and renters Get Payment Relief
      • Calculator for mortgage to millennials
      • Mortgage Calculator Modification – What Is?
      • Mortgage Calculator Canada: Rates Are Rising
      • Mortgage Calculator Home – Is it time to repair your own home mortgage?
      • Mortgage Calculator
      • Mortgage Calculator Rates Today April 3
      • Mortgage Calculator Online
      • Mortgage Calculator Coronavirus: UK mortgage market goes into lockdown
    • Mortgage Guides
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      • How Mortgage Forbearance Works Under CARES Act
      • Stimulus Check
    • Mortgage Companies
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      • Roundpoint Mortgage
      • Midland Mortgage
      • Simple Mortgage Calculator
      • Freedom Mortgage
      • SunTrust Mortgage
  • Commodities
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      • WTI Oil Prices
      • Crude Oil
    • Agricultural Products
      • Corns
    • Livestock & Meat
      • Lean Hogs
    • Precious Metals
      • Gold
        • Best Place to Buy Gold
        • Price of Gold
        • 5 Ways In order to Buy Gold
        • Gold Price Chart
        • Gold Futures
      • Silver
    • Industrial Metals
      • Copper
  • Insurtech
    • Insurtech “Best of…”
      • Best Life Insurance of 2020
      • The Best Renters Insurance Companies 2020
      • Best Pet Insurance Providers of 2020
      • Best Home Insurance Companies for 2020
      • Best Car Insurance Quotes Online
      • Best Homeowners Insurance Companies of 2020
    • Insurtech Guides
      • Insurance will not cover coronavirus losses
  • Loans
    • Loans Guides
      • First time loan with no credit
      • Emergency personal loans for veterans
      • Fafsa deadline
      • Cash Loans
      • Bad Credit Loans
      • Bad Credit Loans Guaranteed Approval
      • Merrill Lynch Benefits
      • Loans CLO Pain Just Starting With Leveraged loan Rating Cuts
      • Can you get a loan without a bank account?
    • Loans “Best of….”
      • Best place to get an auto loan
      • Best Loan for Students – The Best Private Student Loans of 2020
      • Best Student Loan Refinance of 2020
      • Best Business Loan Lenders of 2020
      • Best Personal Loans of 2020
      • Best Auto Loan Rates for 2020
      • Best payday loans 2020
      • Best Online Loans for Bad Credit 2020
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      • Rocket Loans
      • Nelnet Student Loans
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      • Discover Student Loans
      • AES Student Loans
      • Amigo Loans
      • Likely Loans
      • Tesco Loans
      • Sunny Loans
      • Great Lakes Students Loans
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Bank of America – Hundreds Nonetheless Unable To Entry EDD Advantages From Bank of America Due To Ongoing Fraud Suspicions – CBS Los Angeles

Yuuma Nakamura by Yuuma Nakamura
December 4, 2020
in Bank of America (NYSE: BAC)
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Home » Bank of America – Hundreds Nonetheless Unable To Entry EDD Advantages From Bank of America Due To Ongoing Fraud Suspicions – CBS Los Angeles

Bank of America – Hundreds Nonetheless Unable To Entry EDD Advantages From Bank of America Due To Ongoing Fraud Suspicions – CBS Los Angeles

LOS ANGELES (CBSLA) — Mandy Types was in tears as she recounted her expertise as a sufferer of EDD fraud.

“I am alone, so I have no family. I have no one to back me up,” she stated.

Types, who lives in West Los Angeles, had her EDD Bank of America debit card drained final month.

“Like, all the money was gone,” she stated. “It’s $6,800. It doesn’t sound like a lot to some people but to me it was everything.”

Although Types stated the debit card by no means left her possession, her account was used to spend 1000’s on Rodeo Drive in Beverly Hills.

“I called EDD on the card and they put me on hold for five hours and then hung up on me,” she stated.

Types filed a police report, and she or he stated Bank of America advised her it was EDD’s drawback to unravel.

CBS San Francisco first reported in regards to the fraudsters draining the accounts of unemployed Californians in October. At the moment, the EDD workplace stated 350,000 debit card accounts had been frozen resulting from suspected fraud.

“It’s extremely unfortunate that Californians have suffered at the hands of scammers across the country,” the EDD workplace stated in a press release to CBS2/KCAL9 on Thursday. “The EDD is devoted to doing all the things potential to make sure authentic claimants get the advantages they’re eligible to obtain whereas working with our federal, state and native companions, together with Bank of America, to close down fraudulent claims and produce offenders to justice.”

Gabriel Rodriguez, who lives in Corona, stated he’s now homeless after his account was drained of $1,600.

“Any family member that would take me in, that’s where I was at,” he stated.

Based on a press release he wrote on-line, EDD took the cash out of his account. Then, Bank of America froze it so he couldn’t entry any of his incoming unemployment funds.

“After which I acquired a letter within the mail from Bank of America telling me my declare was closed and that was the ultimate resolution and so they wouldn’t refund me that cash,” Rodriguez stated.

This week, Congresswoman Maxine Waters referred to as out Bank of America for what she referred to as “unacceptable” habits, for permitting EDD debit playing cards to be “frozen, closed, or drained without notice.”

“And then, people can’t get any answers,” she stated. “They name EDD and so they say ‘it’s not on us,’ name Bank of America, after which Bank of America says ‘name EDD.’”

Waters stated Bank of America must refund the cash to potential fraud victims instantly.

“It is not the bank that will lose any money,” she stated. “The bank is getting paid for doing the work for us.”

In a press release to KCAL9/CBS2, Bank of American stated: “This system is sadly riddled with billions of {dollars} in fraud. Criminals have discovered methods to steal cash from the state and the debit playing cards of authentic unemployment recipients. We’re working intently with the state to get authentic claimants their funds however the felony fraud makes it very difficult.

We’ve helped cease billions of {dollars} in theft by these criminals and guarded taxpayer {dollars}, in partnership with state and regulation enforcement officials. The accounts in query had been frozen on the state’s request as a result of important quantity of fraud within the software course of. We look ahead to briefing Chairwoman Waters on the extent of unemployment fraud, together with a really excessive share of the accounts she highlighted that characterize fraudulent exercise.”

Bank of America – Hundreds Nonetheless Unable To Entry EDD Advantages From Bank of America Due To Ongoing Fraud Suspicions – CBS Los Angeles

 


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